Free advice on essential tools for successful start ups

A free event where professionals will deliver advice on the essential tools needed for every start up business will be held on May 7 in the Pillo Hotel from 9am to 1pm.

Galway Executive Skillnet is hosting the event to help budding businesses building a sustainable future.

According to Executive Skillnet, new business owners can be an expert in their own fields, but are unsure how to put the business plan together, how to approach a bank and request funding, and steps they need to know before becoming an employer. The speakers will be from the areas of business support, law, accountancy, health and safety, and insurance.

Developing a business plan is an essential element for success, and this will be covered in depth, as will sources of funding. How to put an investment pitch together and how to make a good impression when seeking funding will be outlined, in conjunction with a practical guide to pitching for funds. Insurance, and health and safety requirements, will be addressed as will legal guidelines for employers. They will also address the difference in establishing the business as a sole trader and a limited company. Keeping up to date records and accounts including VAT and PAYE will be covered. Information on pensions, and life and health insurance options, will be addressed.

The event will be followed by a free digital marketing event in the Pillo Hotel on May 22 from 9.30 to 11.30am. This will cover 10 five-minute exercises that will positively impact on the digital marketing of businesses.

A one day employment law event will take place on May 14 with barrister Deirdre Mc Hugh, covering equality, bullying and harassment, work related stress – the legal perspective - and grievance and disciplinary procedures.

* Galway Executive Skillnet is funded by member companies and the Training Networks Programme, an initiative of Skillnets Ltd funded from the National Training Fund through the Department of Education and Skills.